Call reports 2013
BANKWELL BANK — 2013
What BANKWELL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 476,051,000 | 482,609,000 | 680,318,000 | 780,809,000 |
| Total loans | 412,507,000 | 423,673,000 | 582,617,000 | 630,312,000 |
| Allowance for loan losses | 6,108,000 | 6,032,000 | 8,277,000 | 8,382,000 |
| Securities available for sale | 36,403,000 | 25,433,000 | 29,235,000 | 28,596,000 |
| Securities held to maturity | 4,886,000 | 4,870,000 | 12,830,000 | 13,816,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 359,406,000 | 379,813,000 | 557,625,000 | 671,471,000 |
| Interest-bearing deposits | 299,812,000 | 305,029,000 | 456,589,000 | 550,534,000 |
| Noninterest-bearing deposits | 59,594,000 | 74,784,000 | 101,036,000 | 120,937,000 |
| Equity capital | 36,610,000 | 37,378,000 | 52,891,000 | 59,627,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 4,888,000 | 10,020,000 | 20,698,000 | 28,092,000 |
| Interest expense | 407,000 | 861,000 | 1,988,000 | 2,792,000 |
| Net interest income | 4,481,000 | 9,159,000 | 18,710,000 | 25,300,000 |
| Noninterest income | 267,000 | 626,000 | 2,220,000 | 4,075,000 |
| Noninterest expense | 2,857,000 | 6,117,000 | 13,404,000 | 19,786,000 |
| Provision for loan losses | 130,000 | 216,000 | 489,000 | 585,000 |
| Pretax income | 1,761,000 | 4,100,000 | 7,685,000 | 9,652,000 |
| Income tax | 622,000 | 1,479,000 | 2,816,000 | 2,973,000 |
| Net income | 1,139,000 | 2,621,000 | 4,869,000 | 6,679,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,294,000 | 36,793,000 | 52,337,000 | 58,908,000 |
| Total capital | 40,226,000 | 41,749,000 | 59,215,000 | 66,674,000 |
| Risk-weighted assets | 393,379,000 | 395,411,000 | 548,858,000 | 621,027,000 |